What kind of preference maximization does the weak axiom of revealed non-inferiority characterize?

Michele Lombardi

Mathematical Social Sciences, 2010, vol. 59, issue 3, 323-325

Abstract: A choice correspondence is weak justified if a non-chosen alternative is dominated by any other obtainable alternative, and for each discarded alternative there is some chosen alternative which dominates it. This definition allows us to build a connection between the behavioral property expressed by the weak axiom of revealed non-inferiority and a weak form of maximality. It is weaker than the form of maximality characterized by the weak axiom of revealed preference.

Keywords: Weak; axiom; of; revealed; non-inferiority; Preference; maximization (search for similar items in EconPapers)
Date: 2010
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Related works:
Working Paper: What Kind of Preference Maximization Does the Weak Axiom of Revealed Non-inferiority Characterize? (2007)
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